Weekly cybersecurity news August 24, 2023 with Dr. Chase Cunningham

News By Daniel Michan Published on August 24, 2023

The Top Things to Know About Cybersecurity and Zero Trust

Introduction

In this week's cybersecurity update, we will discuss the top things you need to know about cybersecurity and zero trust. Zero Trust refers to the security principle of not automatically trusting anyone or anything on a network, whether internal or external. This approach helps organizations protect their data and systems from potential threats. So, let's dive into the key updates!

1. IRS's Progress towards Zero Trust

The IRS, like other government agencies, is taking steps to implement a zero trust model on its information technology networks. This is a positive development as taxpayer dollars are finally being allocated towards useful cybersecurity measures. The IRS has a well-defined plan to achieve a state of zero trust, focusing on allocating the right resources and personnel to different components of the plan. Check out the detailed article on Federal News Network for more information.

2. Vulnerability of Zero Trust

A recent hack, known as the Storm 58 attack, targeted several government agencies and shed light on the vulnerabilities associated with zero trust. The attackers used fake digital authentication tokens to gain access to webmail accounts on Microsoft's Outlook. This incident exposed the importance of robust security measures and the need for continuous evaluation and improvement. It is essential to acknowledge that no security strategy is foolproof, but implementing countermeasures can help mitigate potential risks.

3. Department of Defense Agencies Implementing Zero Trust

The Biden administration has set a deadline for Department of Defense (DoD) agencies to implement zero trust. These agencies are making significant progress, with about 70% of them moving forward in phase one, focusing on strategic implementations of zero trust. SentinelOne, a cybersecurity company, experienced a surge in stock value following this news. To stay updated on the progress, refer to Help Net Security's informative article.

4. CISOs Discuss Challenges in SaaS Applications

Chief Information Security Officers (CISOs) have been discussing the challenges they face with Software-as-a-Service (SaaS) applications. While SaaS security has improved, approximately 80% of CISOs admit to experiencing SaaS incidents. This information is based on App Omni's State of SaaS Security Posture Management report. Interestingly, 71% of CISOs indicated that their organization's SaaS security maturity has achieved a mid or high level. However, only 21% claimed not to have experienced any attacks in the past year. This highlights the need for heightened vigilance when it comes to SaaS security.

5. Seiko Watches and Semiconductor Manufacturer Data Breach

Seiko, a prominent watch and semiconductor manufacturer, recently disclosed a possible data breach. While information about the extent of the breach is limited, the fact that it was listed on a data leak site implies a breach has occurred. Users who have Seiko products or are affiliated with the company should be proactive in assessing their potential exposure. Stay tuned for updates on this situation.

6. The Potential of XDR combined with AI for Enhanced Security

In an insightful article on venturebeat.com, Louis Columbus explores the potential of combining Extended Detection and Response (XDR) with Artificial Intelligence (AI) for enhanced cybersecurity. This concept offers promising possibilities, and his article delves into the practicality and benefits of this approach. For those interested in cutting-edge security solutions, this is a must-read.

7. Back to School Cybersecurity Tips

As the new school year begins, it's essential to review cybersecurity practices to ensure a safe online learning environment for students. Simple measures, such as enabling multifactor authentication, monitoring account activities, and updating security controls, can go a long way in protecting sensitive information. Additionally, schools should consider transitioning from Virtual Private Networks (VPNs) to Zero Trust Network Access (ZTNA) for enhanced security. By implementing these measures, educational institutions can minimize potential risks.

8. Implications of SEC Rules on Cybersecurity

The Securities and Exchange Commission (SEC) has announced new rules in the context of cybersecurity. However, these rules are being implemented at a faster pace than organizations can keep up with, leading to potential challenges. The SEC's influence as a governmental agency necessitates the need for organizations to swiftly respond and adapt to the evolving regulatory landscape. This development requires careful attention and preparation.

Conclusion

In this week's cybersecurity update, we discussed the top ten things you need to know about cybersecurity and zero trust. From the progress made by the IRS towards implementing zero trust to the vulnerabilities exposed by the Storm 58 attack, it is evident that cybersecurity is an ongoing battle. The efforts made by DoD agencies, the challenges faced in SaaS applications, and the recent data breach at Seiko all highlight the critical need for vigilance and proactive security measures. Additionally, exploring the potential of XDR combined with AI and implementing robust cybersecurity practices in educational institutions are crucial steps towards safeguarding sensitive data. Lastly, organizations must stay informed about the implications of SEC rules to ensure compliance with evolving cybersecurity regulations.

Stay smart, stay safe, and stay secure as we navigate the complex world of cybersecurity.